Question: Part 1, Complete the Sentence, 16 points, 4 points each. Circle the word or phrase that correctly completes the sentence. ASSUME ALL ELSE EQUAL 1.

Part 1, Complete the Sentence, 16 points, 4 points each. Circle the word or phrase that correctly completes the sentence. ASSUME ALL ELSE EQUAL 1. A callable bond must have a yield that is higher than/lower than 2. A bond that has a rating of B8 should have a yield that is higher thanAower than/equal to a bond that has a rating of 3, A bond that has a price of $1090 and a yield of 7% must have a coupon rate that is 4. a similar non-callable bond a bond that has a price of $990 and a yield of 7%. An account with an interest rate of 1% monthly must have an EAR that is higherthan/lowerthan/eauato an account with an interest rate of 3% paid quarterly. 10 nointe 5 ngints each, Circle the correct

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